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Market Impact: 0.6

Oil Prices Rise On Supply Disruption Concerns

Source: Nasdaq

Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain

Oil jumped sharply on Tuesday after the U.S. and Iran resumed tit-for-tat strikes, renewing concerns over crude supply and tanker transit through the Strait of Hormuz (about one-fifth of global oil flows). The escalation raises near-term disruption risk for shipping and energy availability, supporting higher energy prices.

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